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Bullboard - Stock Discussion Forum
Balmoral Resources Ltd
BALMF
Metals & Mining
Industrial Metals & Minerals
Balmoral Resources Ltd is an exploration stage mining exploration and development company. It is engaged in the acquisition and exploration of gold and base metal properties in Canada. The principal focus of the company's exploration activities are the properties comprising its Detour Trend Project in Quebec.
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OTCQX:BALMF - Post Discussion
Balmoral Resources Ltd
> 2 buyers
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•••
montybissett
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Post by
montybissett
on Dec 09, 2019 2:03pm
2 buyers
Sell the west to KL and the east to WM. Keep Grass.
(29)
•••
goldhunter11
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Comment by
goldhunter11
on Dec 09, 2019 4:27pm
monty, Sounds like reasonable startegy, if BAR has the control. This is just like a chop-up shop selling cars for parts to fetch more money than selling the entire cars. But for potential buyers/mergers like KL or WM they may have their own idea: Just scoop up the entire company and do their own things later. They may collude, e.g. using WM as a front company to absorb BAR with a
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rocdic
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Comment by
rocdic
on Dec 09, 2019 7:51pm
This post has been removed in accordance with Community Policy
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